what is accounts receivable and accounts payable and how to
use accounts receivable and accounts payable?
Answers were Sorted based on User's Feedback
Answer / syed iliyas
Accounts payble and accounts recievable are the credit
purchases and credit sales which has to collect and pay the
amount further. The register was maitained for accounts
payable and recievable called accounts payble register and
accounts payble reigster which indicate due date and over
due by days which will make easy to collect or pay the
bills.
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / r sumitra
acconts recv is the amount of money 2 be recd 4m debtors
accounts payable amount due to creditors
Is This Answer Correct ? | 1 Yes | 0 No |
WHAT ENTRY SHOULD WE PASSED IN BOOK A PERSON HAVING SALARY BASIC 10000.00 HRA 4000 PF 1500.00
What is the Technology used to carry out trades?
How is the price of a particular product fixed. What are the considerations taken for that?
Trading account reveals---------Profit and loss account reveals ---------
what is the difference between secured loan and unsecured loan. please explain
Expand-------CAN
how Mis reports are used?n why it is used ? explain
What is the Journal Entry if "Office Expenses" of Company A is being made by Company B on behalf of Company A?
What are the rates of Depreciation? Like machinery items, wooden items?
how to do the recurring entries or steps to follow that
What is Zero Based Budgeting?
Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note